Recently, Italian luxury menswear brand Canali announced key financial data for the first nine months of 2022. Turnover increased by 49% year-on-year to 143 million euros (+38% at constant exchange rates). The American market as a whole grew by 65% at constant exchange rate in the reporting period, reaching 50% of global sales.
Stefano Canali, President and CEO , said that the performance of the US market compensated for the slowdown caused by lockdowns in China, a market in which Canali will nevertheless continue to invest because it has a very high potential.
“We expect China to re …
